Holding(s) in Company

Irish Continental Group Plc
·3 min read

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Irish Continental Group

2. Reason for the notification (please tick the appropriate box or boxes):

[ X ] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

Marathon Asset Management LLP

City and country of registered office (if applicable):

London, UK

4. Full name of shareholder(s) (if different from 3.)v:

See attached breakdown

5. Date on which the threshold was crossed or reachedvi:

26 February 2021

6. Date on which issuer notified:

1 March 2021

7. Threshold(s) that is/are crossed or reached:

6%

8. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments
(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

5.999

0

5.999

186,980,390

Position of previous notification (if applicable)

6.89

0

6.89



9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights



Direct



Indirect



Direct



Indirect

Ordinary Shares (IE00BLP58571)

11,217,093

5.999

SUBTOTAL A

11,217,093

5.999

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

None

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

None

SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ X ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional informationxvi:

Breakdown of Holdings:

Custodian

Nominal

Bank of New York Mellon

2,357,694

Brown Brothers Harriman

590,785

BNP Paribas

7,833

JP Morgan Chase

298,265

Northern Trust

5,142,698

State Street Bank & Trust Company, Boston

3,897,226

Total

12,294,501

The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP. The provided breakdown of holdings refer to the total number of shares in the Issuer controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 11,217,093 shares.

Done at London, UK on 1 March 2021.